Gen H makes significant reductions across their 2-year and 5 year rates

Following their first rate reduction of 2023 last week, Gen H have once again made significant reductions across their 2- and 5-year product ranges.

Across the product range, Gen H have reduced rates by nearly 0.20%.

In particular, reductions to 2-year fixes mean the lender again offers some of the most competitive pricing in the 75% to 95% loan-to-value (LTV) bands across the entire market.

Pete Dockar (pictured), Gen H commercial director, said: “Last week, we announced our decision to replace our SVR with a reversionary tracker rate to provide fairer, more transparent mortgages for our customers.

“Further driving rates down today demonstrates our total commitment to this customer-first approach.

“We are delighted to continue offering these market-leading rates, and look forward to helping even more buyers and remortgagers realise their homeownership dreams in 2023.”

Gen H have also introduced their first sub -5% 5-year fixed rate (4.99%) since the summer of 2022.

These prices reflect Gen H’s ongoing commitment to supporting the needs of all aspiring homeowners – from first-time buyers to home movers and remortgagers.

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